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I am very interested in this topic. I have examined this topic before. However, I couldn't get nothing.
I have never heard 12k5-3.I have seen 12k5-12 in DRIP EDGE DR before.It was not 12ohm but 8ohm.I don't know what is different from 12k5-6 and 12k5-12.There are a lot of mysteries in those speakers.

I just acquired a vintage 12k5-6 that I put in my brown deluxe (which would've had the gold 12k5-3). As it turns out, some of the black paint has come off and it's indeed gold under! I also compared all the pics I'd collected of the 12k5-3 to mine and they are truly identical. So seems that Fender simply had the same speaker painted black to match the cosmetics of the new Deluxes and changed the number.

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